Rare earth market quotation in China: praseodymium oxide, cerium oxide and europium oxide prices are unchanged from the previous trading day. Under the influence of many uncertain factors, the mentality of light and heavy rare earth traders is obviously different, which is mainly reflected in the slight increase in the price of mainstream light rare earth products, while the price of heavy rare earth products is weak.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, the long-term contract prices of large tungsten companies for the second half of this month were lowered as expected. Although it did not cause severe panic, it affected the reference level of spot trading and negotiation to a certain extent. Most prices of tungsten products are under pressure. 

China molybdenum price was in the downward trend on May 25, 2022, including ferro molybdenum, sodium molybdate, ammonium heptamolvbdate and molybdenum powder. Market trading is limited and insides lack of confidence to the market outlook.

Power Nickel Inc is focused on mining high potential molybdenum, copper, gold, and battery metals in Canada and Chile. Power Nickel added $833,568.7 in capital to the Company as a result of the exercise of warrants and the Company ramped up exploration efforts on the NISK nickel project with an additional 5,000 meters of drilling.